Jefferies Pounds Table on F45 Training Holdings (FXLV)

Jefferies analyst Randal Konik reiterated a Buy rating and $23.00 price target on F45 Training Holdings (NYSE: FXLV) and told clients to Buy the stock "now." amid strong trends. Konik said the stock can double over the next 12 months.

Konik commented, "Our data shows that F45 has leading traffic levels among other boutique fitness brands. Additionally, as of December 12th, foot traffic levels are essentially flat vs. same day 2019 levels. With shares trading at less than 10x EV/EBITDA, unit openings set to quadruple next year, and at less than 10% penetration of its TAM, we see F45 shares likely doubling in the next 12 months."

For an analyst ratings summary and ratings history on F45 Training Holdings click here. For more ratings news on F45 Training Holdings click here.

Shares of F45 Training Holdings closed at $9.62 yesterday.

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